Press Release

P. (Laxmin) Laxminarain Appointed to Millar's Board of Directors

HOUSTON, Dec. 5, 2018 /PRNewswire/

Millar, Inc., medical device manufacturer and OEM pressure sensor integration partner, today announced the appointment of P. (Laxmin) Laxminarain to the company's Board of Directors. Mr. Laxminarain's successful track record in the medical device industry for over 30 years will provide Millar a significant upgrade in governance talent to support strategic company decisions going forward.

Mr. Laxminarain brings a deep level of medical device expertise to the Board from his past experiences as Worldwide President of Codman Neurosurgery (a Johnson & Johnson company) from 2006 to 2017, which was acquired by Integra LifeSciences Holdings Corporation in October 2017. Additionally, he served as Vice President-CVT for Cordis Cardiology and has held other senior medical device positions in India, Singapore and South Korea under Johnson & Johnson. Mr. Laxminarain is currently a member on five other boards and is actively involved helping start-ups and non-profits in the medical device space. He earned his MBA from the Indian Institute of Management.

"I am honored to have Laxmin on the Board and look forward to working alongside a seasoned executive leader who can offer valuable insight and understands the unique challenges of the medical device industry. Additionally, his industry connections and strategic knowledge have the capability to open many new growth opportunities for Millar OEM Solutions," stated Simon Malpas, Chairman of the Board.

Mr. Laxminarain commented, "I am excited to join Millar's Board of Directors. I have always admired this company's deep commitment to its life-saving technology and more importantly to the patients that benefit from it. I'm looking forward to working closely with leadership to take the company to new heights in the coming years."

About Millar, Inc.

Since 1969, Millar, Inc., headquartered in Houston, Texas, has led the development of catheter-based, solid-state pressure sensors and is known worldwide as the leader in MEMS pressure sensors that advance medical understanding. Millar OEM serves the medical device and life sciences industries through our MEMS pressure sensors, ISO 13485 precision manufacturing and wireless pressure technology, resulting in cost savings and rapid time to market for device integration.

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